Helder Antunes - Sep 13, 2024 Form 4 Insider Report for VEEA INC. (VEEA)

Role
Director
Signature
/s/ Helder Antunes
Stock symbol
VEEA
Transactions as of
Sep 13, 2024
Transactions value $
$150,000
Form type
4
Date filed
1/6/2025, 08:31 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VEEA Common Stock Award +81.1K +405.58% 101K Nov 11, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VEEA Convertible Note Award $150K $150K Sep 13, 2024 Common Stock 20K $7.50 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 81,116 fully vested restricted stock units ("RSUs") of the Issuer with each RSU representing a right to receive one share of Common Stock of the Issuer. The RSUs were granted under the Issuer's 2024 Incentive Equity Plan.
F2 The Issuer issued to Helder Autunes a unsecured convertible note with a principal of $150,000 (the "Note"). The principal and accrued interest owing under the Note may be converted at any time, subject to the satisfaction of applicable regulatory conditions, by the holder into shares of common stock of the issuer at the conversion price of $7.50 per share, subject to certain adjustments. The Note matures on March 13, 2026.
F3 Not applicable.